BSP hikes rates amid national energy emergency
The Bangko Sentral ng Pilipinas (BSP)’s Monetary Board has raised interest rates by 25 basis points in response to mounting economic pressures from the ongoing…
· 2 min read
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The Bangko Sentral ng Pilipinas (BSP)’s Monetary Board has raised interest rates by 25 basis points in response to mounting economic pressures from the ongoing…
· 2 min read
The Philippine Ports Authority (PPA) reported that cruise calls in the country were rosy, posting 26 cruise calls and welcoming 76,188 cruise passengers across…
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The Philippine banking system continued to expand in early 2026, with total assets rising 8.3 percent year-on-year to P29.19 trillion in February, according to…
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Authorities noted that most of the fires were preventable.
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The Philippine Stock Exchange index (PSEi) held steady on Tuesday, closing at 6,018.70, up a modest 0.04 percent, as investors awaited the upcoming monetary…
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The Philippine government has responded to Fitch Ratings’ decision to downgrade the country’s outlook, as the Middle East conflict continues to weigh on the…
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Ayala-backed Bank of the Philippine Islands (BPI) has outlined potential relief measures the bank is exploring for its roughly 18 million customers as the…
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The Philippine government has responded to Fitch Ratings’ decision to downgrade the country’s outlook, as the Middle East conflict continues to weigh on the…
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The Philippines’ balance of payments (BOP) deficit widened in March, reflecting sustained external pressures, although the country’s foreign exchange reserves…
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‘The move may undermine bank profitability as net interest margins peak and credit losses remain elevated.’ — S&P Global Ratings credit analyst, Nikita Anand.
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Amid the controversial Floodgate report, Senator Erwin Tulfo confirmed Sunday that he signed the Senate Blue Ribbon Committee’s partial output on the…
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Market expectations are facing multiple outcomes, as economists like to call multiple equilibria or paths.
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The Bangko Sentral ng Pilipinas (BSP) has welcomed Moody’s latest assessment affirming the strength of the country’s banking system and external position,…
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‘We expect the BSP to deliver a 25-bps policy rate hike on April 23, as the balance of risks has shifted toward a more persistent and broad-based inflation…
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‘The drop in individual account ownership was largely attributed to a decline in loan-linked accounts from microfinance non-government organizations and…
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The Philippine Stock Exchange Index (PSEi) ended the week on a weaker footing, closing at 5,999.13 (-1.06 percent), slipping below the key 6,000 level as risk…
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BDO Unibank remains the Philippines’ largest bank as of end-2025, leveraging its scale, wide distribution network and diversified revenue streams to stay ahead…
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